They can write it down, place it somewhere safe or somewhere they can have access to easily. Put it in post-it notes in their house if they are living alone so that they cannot, for the love of god forget it. That isn't really a problem at all if people just look first into much simpler solutions.
That is one of the best and safest way to avoid hackers to get accessed to your passphrases by writing it down to a notebook and keeping it on a safe place so your passphrases are stored offline and the hackers can't do anything to get that and hacked your wallet or account. 
Topic: How can we expect "average Joe" to remember passphrases to his Bitcoins? (Read 4117 times)
May 14, 2017, 04:56:38 AM
May 13, 2017, 10:05:23 PM
using a secure password manager app either on desktop or mobile can be helpful. that way you just have to remember ONE master password.
there are loads out there that are either free or have very low fees.
also you should always backup with two factor authentification!
there are loads out there that are either free or have very low fees.
also you should always backup with two factor authentification!
Yep, password managers are definitely the way to go. KeePass is a great free option if someone is looking for one. You should never reuse passwords and password managers are the way to achieve that.
May 13, 2017, 12:50:26 PM
They can write it down, place it somewhere safe or somewhere they can have access to easily. Put it in post-it notes in their house if they are living alone so that they cannot, for the love of god forget it. That isn't really a problem at all if people just look first into much simpler solutions.
May 13, 2017, 12:35:10 PM
Maybe write them down or something? I mean it's not that great of a philosophy but it's really solvable. :/
Saving a passphrase or writing down a password on a piece of paper is a huge issue for you? or is there something else maybe? Well the way and the level of security of your bitcoins is up to you, how careful are safe you're keeping them that's how safe they're going to be.
This is a huge issue to me and someone needs to find a way to make the safekeeping of cryptocurrency easier and more fool-proof.
Saving a passphrase or writing down a password on a piece of paper is a huge issue for you? or is there something else maybe? Well the way and the level of security of your bitcoins is up to you, how careful are safe you're keeping them that's how safe they're going to be.
Maybe he is just a forgetful kind of guy? and I think this is really bothersome and I have known someone that has an ATM password that is only 4 number that are needed but keeps on forgetting it, he needs the number to always be written in a paper, then keeps o looking at it every time he would withdraws from an ATM machine well it is a nature of some person, well problems like these I think it is pretty normal and since the passphrase was made with numbers and letters with a wide range and not only four digits I think he would need to hide a bunch of written passphrase and put it some where safe,
May 12, 2017, 07:55:13 PM
Maybe write them down or something? I mean it's not that great of a philosophy but it's really solvable. :/
Saving a passphrase or writing down a password on a piece of paper is a huge issue for you? or is there something else maybe? Well the way and the level of security of your bitcoins is up to you, how careful are safe you're keeping them that's how safe they're going to be.
This is a huge issue to me and someone needs to find a way to make the safekeeping of cryptocurrency easier and more fool-proof.
Saving a passphrase or writing down a password on a piece of paper is a huge issue for you? or is there something else maybe? Well the way and the level of security of your bitcoins is up to you, how careful are safe you're keeping them that's how safe they're going to be.
May 12, 2017, 06:52:07 PM
It's actually pretty easy, because the average Joe is generally less stupid than people think. All they have to do is back up their computer, or have a hardware wallet, or write it down on some paper which is hidden somewhere - it's actually quite easy really and people often even burn their bank details and reports.
The main reason why people sometimes lose their passphrases is that they're tech geeks and they care a thousand times more than the average Joe about their security. It's just transferring responsibility from the bank to the user.
The main reason why people sometimes lose their passphrases is that they're tech geeks and they care a thousand times more than the average Joe about their security. It's just transferring responsibility from the bank to the user.
1. put it on paper.
2. split it up
3. laminate
4. give to different people who don't know each other to hold.
Problem solved.
Whatever method you use, its better than being sloppy and getting hacked.
May 12, 2017, 11:15:47 AM
I am pretty bad in remembering these pass-phrases. So I have written down them in a piece of paper and kept it securely in my locker. If this is lost, then all my coins are gone. Also, if someone steals that piece of paper, then it is trouble for me.
Well I think you can save it in your bank safe or in a personal safe and keep it away from intruders. It's not going to be easy but I think from time to time average joe will adapt and recite them verbatim.
May 08, 2017, 02:33:26 AM
This is a huge issue to me and someone needs to find a way to make the safekeeping of cryptocurrency easier and more fool-proof.
You don't need to worry too much about the safekeeping of your passphrases because there is a lot of things you can do which is very easy like having a soft copy of your passphrase and keeping it on the safe place that you know so you don't need to store it online which is very unsafe, you can also get a copy of your passphrase and keep it on an offline usb or you can just make a paper wallet to store your cryptocurrencies and passphrases at the same time 
.This is Rich! online or offline bitcoin is not really safe in storing it, if you are having a doubt on the security for online wallets then you can always have your bitcoins on a physical coins but I think it is expensive or on the paper wallet, I think even thought your bitcoin is in the offline storage what if your PC would get virus or your computer would just don't work all of a sudden then you will have lost your bitcoin, even in a Trezor storage or a USB storage it is not really safe with certain virus right? or it might corrupt your storage! I think it is OK to just trust your wallet provider because you can never know what may happen in the future! even though bitcoin is secure it can always have a slight error involve!
May 08, 2017, 01:39:00 AM
This is a huge issue to me and someone needs to find a way to make the safekeeping of cryptocurrency easier and more fool-proof.
You don't need to worry too much about the safekeeping of your passphrases because there is a lot of things you can do which is very easy like having a soft copy of your passphrase and keeping it on the safe place that you know so you don't need to store it online which is very unsafe, you can also get a copy of your passphrase and keep it on an offline usb or you can just make a paper wallet to store your cryptocurrencies and passphrases at the same time . May 08, 2017, 12:08:09 AM
I got this problem I while back and it is safe to say that only people who are not active with their accounts tends to forget their password. Like what happened to me with my bank account I forgot my 10 digit password because I barely look at my account. Bitcoin wallets on the other hand are much easier to access because they is a wallet app for it and I can always check my in going and out going transactions with it. For me people who barely have any interest with their Bitcoin will have a higher chance that they will forget their passwords.
May 07, 2017, 11:50:05 PM
Well, even average joe can remember their password for their social media account, and they can write the passphrases somewhere. It's not like you have to remember it. And if they lose it then it's them to blame in the first place to forget something associated with their money.
May 07, 2017, 11:43:35 PM
This is a huge issue to me and someone needs to find a way to make the safekeeping of cryptocurrency easier and more fool-proof.
May 07, 2017, 11:18:29 PM
It's something which seems crucial to me for reaching mass adoption (in addition to scalabilty of course...).
Already on this forum there is a shitload of people losing their Bitcoins by forgetting passphrases, the private keys, the dat file etc...
So I would like to know what technological solutions could be proposed for this problem.
To make a comparison, a lot of people are forgetting their credit card code (even if it's only 4 digits...) or losing the card and the centralized solution to this is the bank providing new card/code.
Which decentralized solutions to this problems could you think of?
The solution to this problem I can think of is that either you should not put any password on your bitcoin wallet or use a password manager to store your passwords at a single place.Already on this forum there is a shitload of people losing their Bitcoins by forgetting passphrases, the private keys, the dat file etc...
So I would like to know what technological solutions could be proposed for this problem.
To make a comparison, a lot of people are forgetting their credit card code (even if it's only 4 digits...) or losing the card and the centralized solution to this is the bank providing new card/code.
Which decentralized solutions to this problems could you think of?
And even if you still loose your password then I advise you to keep the wallet seed at a safe place as you can use it to retrieve your lost wallet.
May 07, 2017, 11:12:01 PM
using a secure password manager app either on desktop or mobile can be helpful. that way you just have to remember ONE master password.
there are loads out there that are either free or have very low fees.
also you should always backup with two factor authentification!
there are loads out there that are either free or have very low fees.
also you should always backup with two factor authentification!
Yep, password managers are definitely the way to go. KeePass is a great free option if someone is looking for one. You should never reuse passwords and password managers are the way to achieve that.
May 07, 2017, 09:29:15 PM
using a secure password manager app either on desktop or mobile can be helpful. that way you just have to remember ONE master password.
there are loads out there that are either free or have very low fees.
also you should always backup with two factor authentification!
there are loads out there that are either free or have very low fees.
also you should always backup with two factor authentification!
May 07, 2017, 09:05:55 PM
a usb, or charge card, that Joe can load up BTC too, and they can beep across a scanner.
If they loose the USD / Charge card they have lost the BTC, If you find one you can use it.
So just like cash.
If they loose the USD / Charge card they have lost the BTC, If you find one you can use it.
So just like cash.
May 07, 2017, 05:35:49 PM
in the future you won't have to remember anything
wallets will be accessible by fingerprint/iris/voice scanning
wallets will be accessible by fingerprint/iris/voice scanning
May 07, 2017, 03:45:18 PM
I am pretty bad in remembering these pass-phrases. So I have written down them in a piece of paper and kept it securely in my locker. If this is lost, then all my coins are gone. Also, if someone steals that piece of paper, then it is trouble for me.
I think it is dangerous for you to put your pass-phrase copy in your paper from your locker because pass-phrases are easy to identify and other people that have access to your locker can get and steal it, so if you ask me, i will just put it on my room or put it in the book and place it around my room and also i will ask my parents to remember it so i will not be worry.You can use some trick to hide the passphrase words within a larger text. For example, you can write a poem where each line starts with a passphrase word or you can write a text and place every five words, a word of the passphrase.
That is quite useful for people who cannot remember their pass phrase. It is like hiding a treasure in a plain sight. You will just encrypt your passphrase using your own pattern and then decrypt it if you forgot your passphrase. Just remember your way of decrypting them or you will have another problem.
May 07, 2017, 01:08:47 PM
I am pretty bad in remembering these pass-phrases. So I have written down them in a piece of paper and kept it securely in my locker. If this is lost, then all my coins are gone. Also, if someone steals that piece of paper, then it is trouble for me.
I think it is dangerous for you to put your pass-phrase copy in your paper from your locker because pass-phrases are easy to identify and other people that have access to your locker can get and steal it, so if you ask me, i will just put it on my room or put it in the book and place it around my room and also i will ask my parents to remember it so i will not be worry.You can use some trick to hide the passphrase words within a larger text. For example, you can write a poem where each line starts with a passphrase word or you can write a text and place every five words, a word of the passphrase.
That is quite useful for people who cannot remember their pass phrase. It is like hiding a treasure in a plain sight. You will just encrypt your passphrase using your own pattern and then decrypt it if you forgot your passphrase. Just remember your way of decrypting them or you will have another problem.
May 07, 2017, 09:14:20 AM
I am pretty bad in remembering these pass-phrases. So I have written down them in a piece of paper and kept it securely in my locker. If this is lost, then all my coins are gone. Also, if someone steals that piece of paper, then it is trouble for me.
I think it is dangerous for you to put your pass-phrase copy in your paper from your locker because pass-phrases are easy to identify and other people that have access to your locker can get and steal it, so if you ask me, i will just put it on my room or put it in the book and place it around my room and also i will ask my parents to remember it so i will not be worry.You can use some trick to hide the passphrase words within a larger text. For example, you can write a poem where each line starts with a passphrase word or you can write a text and place every five words, a word of the passphrase.
Jump to: